Interest relief for delayed GST returns: staggered nil-interest windows for specified taxpayer classes followed by standard interest thereafter. Substituted proviso prescribes the rate of interest per annum for registered persons required to file FORM GSTR-3B who fail to furnish returns with tax by the due date. The Table differentiates three classes by aggregate turnover and principal place of business, providing staggered nil-interest windows for specified tax periods (February-July 2020) and a uniform post-grace interest rate thereafter until the terminal dates specified.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Interest relief for delayed GST returns: staggered nil-interest windows for specified taxpayer classes followed by standard interest thereafter.
Substituted proviso prescribes the rate of interest per annum for registered persons required to file FORM GSTR-3B who fail to furnish returns with tax by the due date. The Table differentiates three classes by aggregate turnover and principal place of business, providing staggered nil-interest windows for specified tax periods (February-July 2020) and a uniform post-grace interest rate thereafter until the terminal dates specified.
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